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Question 44 2 pts Four years ago, Company XYZ has issued a bond with the original maturity of 25 years. The bond has a semi-annual

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Question 44 2 pts Four years ago, Company XYZ has issued a bond with the original maturity of 25 years. The bond has a semi-annual coupon rate of 15 % (note that the stated rate is in annual terms). If the YTM is 10.5 %, what is the bond price? (Write this number as a decimal and not as a percentage, e.g. 0.11 not 11%. Round your answer to three decimal places. For example 1.23450 or 1.23463 will be rounded to 1.235 while 1.23448 will be rounded to 1.234)

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